OKX
OKX (formerly OKEx) is a major global exchange offering spot and derivatives plus a widely used Web3 wallet, with licences in the EU, Dubai and Singapore.
Key facts
- Trading platforms
- WebMobileAPIOKX Wallet
- Account types
- SpotMarginFuturesOptionsEarn
- Instruments
- Spot CryptoMarginPerpetual FuturesOptionsStaking
- Deposit & withdrawal
- CryptoBank CardBank TransferP2P
- Features
- Accepts IraniansPersian supportIslamic accountCopy tradingDemo account
Score breakdown
Each criterion is rated 0–5 by our editorial team.
- Trust & Regulation4.1
- Fees & Costs4.6
- Platform & UX4.6
- Deposit & Withdrawal4.3
- Support4.0
- Features & Range4.7
Full review
OKX launched in 2017 as OKEx and rebranded in 2022. Its main international entity is registered in Seychelles, and it ranks among the top exchanges by derivatives volume.
OKX holds a VARA licence in Dubai, a MiCA licence via its Malta entity, a MAS payment institution licence in Singapore and FinCEN MSB registration in the US. In February 2025 it pleaded guilty in the US to operating an unlicensed money-transmitting business and paid over $500 million.
Base spot fees are 0.08% maker and 0.10% taker. Perpetuals, options, margin, copy trading, bots, demo trading and the self-custodial OKX Wallet are available, and Proof of Reserves is published regularly.
Funding is via crypto, cards and P2P. OKX does not accept residents of Iran.
Last updated: Oct 6, 2026
Pros & cons
- Competitive base fees
- Powerful Web3 wallet
- MiCA and VARA licences
- Regular Proof of Reserves
- Advanced tools and demo mode
- US regulatory settlement
- Does not accept Iranian users
- Complex for beginners
- Service restrictions in some countries
Licences & regulation
Tier 1 means the strictest oversight.
| Regulator | Authority | Tier | Licence no. |
|---|---|---|---|
🇸🇬MAS Monetary Authority of Singapore | Monetary Authority of Singapore | Tier 1 | — |
🇦🇪VARA Virtual Assets Regulatory Authority | Virtual Assets Regulatory Authority | Tier 2 | — |
🇺🇸FinCEN Financial Crimes Enforcement Network (MSB) | Financial Crimes Enforcement Network (MSB) | Tier 2 | — |
MFSA (Malta, MiCA) MFSA (Malta, MiCA) | MFSA (Malta, MiCA) | Tier 3 | — |
User reviews
- 5 stars0
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